ManagedMethods Announces Cloud Access Monitor
ManagedMethods, a new contender in the cloud access security space, today announced its latest release of Cloud Access Monitor, a software solution that gives companies visibility into the usage and potential risk associated with using both sanctioned and unsanctioned cloud applications. The software’s flexible architecture allows for deployment on premises, in the Cloud or a hybrid of both.
More than 80 percent of employees admit to using non-approved SaaS applications in their jobs according to Frost and Sullivan. A 2015 report from the Cloud Security Alliance found only eight-percent of companies know the scope of Shadow IT at their organizations and an overwhelming 72-percent of companies surveyed said they did not know the scope of Shadow IT but want to.

